Debate me, or whatever.
Sounds like a good time to buy GA land; there are probably plenty of sellers desperate to get out now, and this sounds like a period of exceptionally bad luck right now.
Sounds like a good time to buy GA land; there are probably plenty of sellers desperate to get out now, and this sounds like a period of exceptionally bad luck right now.
Most of them are too stubborn to quit and they'll get assistance from the government to get them through to next spring and summer.
Most of them are too stubborn to quit and they'll get assistance from the government to get them through to next spring and summer.
Ask the farmers in Georgia about it right now. Estimates are currently at $3 billion in agriculture losses from Hurricane Michael and they are saying that number may go even higher. Pecan harvesting was at 5% harvested when Michael hit and that was from the first drop. Second drop is gone in many areas. Cotton was affected, peanuts were affected, and timber was hit hard. All farmland that just took a hit like the 401ks did in 2008, except this has happened 3 years in a row for South Georgia farmers. And if you're think that the land itself is worth something, it isn't worth that much. Land is cheaper in rural areas compared to suburban or urban land. And it doesn't gain value unless you plant timber, which isn't cheap to do.